If you are trading forex, you can always think about why you are always on the wrong side of the market. The forex market is designed to lose retail traders’ money. 99% of the time, algorithmic patterns or prices move the market, and the algorithm knows where the retail traders place their buy and sell orders. And the algorithm trade against the retail trader’s buys and sells positions.
However, there is only one solution to becoming profitable in the forex trading business. It would help if you do not trade against the algorithm; instead, you need to follow the algorithm and trade with it. There are also some good forex algorithmic robots you can find. For example, we share a profitable and proven algorithm forex robot that can grow your account. On the other hand, if you like to check other forex robots, you can check Dragon EA or TradeReco Master Robot.
This forex robot is created based on the market algorithmic structure strategy. This forex robot can identify the algorithmic movement and take it with it. Big banks and institutions made this algorithmic trading when you need not actively trade. They provide liquidity in the market and take the liquidity from the retail traders.
This forex robot is beginner-friendly, and experts can also use it for trading. However, most of the complex strategical setting is hidden in this forex robot because no one can mass up with the environment.
Most retail traders use manual strategies with complicated lines, indicators, and oscillators. Although it means to be a good strategy, most retail traders lose money with manual method. This forex robot scans the market to give you the possible times to enter and exit a trade.
All the forex robots give some drawdown with profits. We found that this robot usually gives a 30% drawdown. You can make decent profits with this forex robot if you have a good capital. This forex robot takes scalping trade which is also following the trend.
You can use all the major currency pairs for this forex robot. So we see EURUSD, GBPUSD, and GOLD gives us good results. On the other side, you can use a 1H timeframe for this forex EA for maximum profits.
As a retail trader, we always recommend using a regulated broker. You need to use a low spared broker to make your EA trading much more accurate and profitable. ICMarkets is one of the best choices for the criteria you can test.
You can start with a $500 to $1000 deposit for this forex robot. After that, you can make 40%-50% of your capital each month with a 0.01 lot size. So if this forex robot works for you, you can make life-changing money with it.
At first, you need to use this forex robot in your demo account, where you can find the actual performance of this forex robot. After that, you can go to a real account and make regular profits to grow your account. Do not overuse any strategy or robot and constantly monitor the market.
You can find the download details of this forex robot below.
How to use:
Step 1: Register Zero Spread Broker: https://provenbinarybot.com/ZeroSpread
Become Funded Trader 10K-200K: https://provenbinarybot.com/ftmo
Step 2: Download the EA’s file
Step 3: Install the EA to your MT4 platform
Step 4: Run the EA to your demo account first
Step 5: After testing, if profits go to the actual account
Step 6: Make Profit
** Reliable forex VPS: https://provenbinarybot.com/VPS
Recommended Settings:
Recommended balance minimum $100
Initial Lot: $0.01
Time frame: 1 Hour